Bank of Canada Holds Rate at 2.25% Amid Global Tensions
The Bank of Canada maintains its key interest rate at 2.25% for the third consecutive time, citing Middle East conflict and trade tensions as major economic uncertainties.
Category : Business
Couche-Tard CEO Optimistic Despite Fuel Cost Strains on Customers
The CEO of Alimentation Couche-Tard remains confident in the company's strategy as increasing fuel prices put financial pressure on consumers across North America.
Ottawa Airport U.S. Traveler Decline in 2026
The Ottawa International Airport reports a drop in U.S. traveler numbers in early 2026, reflecting shifts in travel patterns and economic factors.
Bank of Canada Holds Interest Rate at 2.25%
The Bank of Canada has decided to keep its key interest rate steady at 2.25%, as Governor Tiff Macklem announces the decision following a period of economic evaluation.
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Lululemon's Weak Forecast Intensifies CEO Search Amid Challenges
Lululemon Athletica forecasts another year of profit declines, adding pressure as it seeks a permanent CEO while facing product issues and competition.
Scotlynn Named to EBN's Best HR Teams of 2026 List
Scotlynn's People Team has been honored as one of Employee Benefit News' Best HR Teams of 2026, recognizing their strategic approach to culture-building and employee development in the competitive supply chain industry.
Jayson Myers Drives Canada's Manufacturing Evolution
Jayson Myers, CEO of Next Generation Manufacturing Canada, leads a pragmatic shift from innovation to adoption, emphasizing cybersecurity and supply chain resilience as keys to global competitiveness.
Lululemon Founder Wilson Pushes for Board Overhaul
Lululemon founder Chip Wilson supports a director's departure and calls for significant board changes, intensifying corporate governance discussions at the athletic apparel giant.
Ottawa Gas Prices to Increase Again This Week
Motorists in Ottawa face another hike in gas prices this week, continuing a trend of rising fuel costs that impact daily commutes and household budgets.
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Qatar Blames Israel for Gas Field Attack with Iran
Qatar has formally accused Israel of launching an offensive on a natural gas field it jointly operates with Iran, escalating tensions in the Middle East conflict.
eXp Realty's New Syndication Deal with Major Portals
eXp Realty enhances its pre-market exposure by syndicating listings to Realtor.com, Homes.com, and ComeHome.com, boosting agent visibility and market reach.
Sudbury May Cut Speed Limits to 40 km/h in Neighborhoods
Greater Sudbury is exploring a proposal to reduce speed limits in residential areas from 50 km/h to 40 km/h, aiming to enhance pedestrian safety and align with urban planning goals.
U.S. Producer Prices Jump 3.4%, Highest in a Year
U.S. producer prices rose by a surprisingly strong 3.4% last month, the largest annual increase in a year, signaling persistent inflationary pressures.
Best Office Chairs in Canada for 2026: Where to Buy
An in-depth review of the leading office chairs available in Canada for 2026, including key features and purchasing recommendations for ergonomic support.
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Saskatchewan Projects $1.3B Deficit in 2026-27 Budget
The Saskatchewan government forecasts a $1.3 billion deficit for the 2026-27 fiscal year, driven by lower resource revenues and increased spending on healthcare and education.
Calgary Gas Prices Hit $1.69/L as Oil Pressures Build
Gas prices in Calgary have climbed to $1.69 per litre, driven by global oil market pressures. This increase impacts local consumers and reflects broader economic trends in the energy sector.
Fed May Signal No Rate Cuts Amid Iran War Fallout
The Federal Reserve could indicate it will hold interest rates steady throughout 2026 due to economic uncertainties stemming from the Iran conflict, impacting global markets.
Wall Street Gains, Oil Dips Amid Iran Tensions
U.S. stock markets advanced in sync with global gains, while oil prices fell despite new geopolitical tensions from Iran, highlighting market resilience amid uncertainty.
Iran's Oil Exports Flow Through Strait of Hormuz Despite War
Approximately 90 vessels, including oil tankers and cargo ships, navigate the Strait of Hormuz daily as Iran continues exporting millions of barrels of oil, highlighting the strategic waterway's resilience amid ongoing regional conflicts.
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Canada-Mexico Deal Creates New Market for P.E.I. Potatoes
A landmark export agreement will allow Prince Edward Island potato growers to ship their produce to Mexico, providing a significant economic boost after years of restrictive trade barriers.
Disney's New CEO Josh D'Amaro Steps Up for Wild Ride
Josh D'Amaro takes the helm as Disney's new CEO, facing significant challenges in streaming, theme parks, and creative direction. His leadership will be tested in a rapidly evolving entertainment landscape.
Macy's Sees Tariff Easing, Beats Holiday Quarter Forecasts
Macy's reports stronger-than-expected holiday quarter results, with executives predicting a reduction in tariff impacts later this year, signaling resilience in retail amid economic challenges.
General Mills Reaffirms Full-Year Sales, Profit Forecasts
General Mills has reaffirmed its full-year sales and profit forecasts, signaling confidence in its business strategy despite market uncertainties. The announcement highlights the company's resilience in the food industry.
Ottawa's Most Expensive Home Listed at $10 Million
A luxurious seven-bedroom, five-bathroom home on Delong Drive in Ottawa's Rothwell Heights is currently the city's most expensive listing, priced at $9,999,995.
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Canada's Limited Oil Reserve Contribution Exposes Gaps
The federal Liberal government's modest commitment to global oil reserve releases reveals Canada's lack of strategic petroleum storage and planning deficiencies in energy infrastructure.
U.S. Tariffs Hurt Americans More Than Exporting Nations
Economic analysis reveals that Trump's tariff policies impose greater costs on American consumers and businesses than on targeted nations, with political consequences looming.
Federal Auto Policies Criticized by Matthew Lau
Columnist Matthew Lau argues that all major federal parties' automobile sector policies restrict consumer choice and harm the economy, advocating instead for market freedom.
Canada-Germany Strategic Sovereignty Pact for Economic Resilience
Canada and Germany have launched a strategic sovereignty initiative to enhance economic resilience, focusing on supply chain security and joint investments in critical sectors.
First Atlantic Nickel Discovers New Alloy Max Zone in Newfoundland
First Atlantic Nickel Corp. announces the Alloy Max discovery, a second large-scale awaruite nickel-cobalt alloy target extending 7 km north of the RPM Zone at its Pipestone XL project in Newfoundland.
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Clarios: 4th Year as World's Most Ethical Company
Clarios has been honored as one of the World's Most Ethical Companies for the fourth consecutive year by Ethisphere, highlighting its robust ethics program and governance amid global competition.
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